SOLD
Sold on 27 Sep 2024 for $460,000

12/183 Michael Street
Jesmond NSW 2299

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 75m2
Land area: 3988m2
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Property Details for 12/183 Michael St, Jesmond

12/183 Michael St, Jesmond is a 2 bedroom, 1 bathroom House and was built in 2010. The property has a land size of 3988m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom House sold in Jesmond in the last 12 months.

Building Type
House
Year Built
2010
Floor Size
75m2
Land Size
3988m2
Local Government
Newcastle
Lot/Plan
12/SP83939

Last Listing description (February 2025)

Contemporary, ground floor two bedroom unit in cul-de-sac, an easy walk to services and facilities.

Generous, designated living/dining space with reverse cycle air conditioning leads to the modern galley style kitchen complete with gas cook top and internal European laundry including washing machine & dryer. There are two private balconies, one accessed from the living area and the second from the kitchen.

Double sized bedrooms include built-in wardrobes and sit either side of the white tiled bathroom.

This unit offers designated off-street parking and there is also visitor parking available at the complex. Low maintenance and positioned in a convenient location a short walk to shopping, public transport, Newcastle University and services, this is an ideal investment with rental potential of $480 - $500 per week.

For further details contact Allen Reece on 0409 814 400 or email sales@reecerealty.com.au

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Property History for 12/183 Michael St, Jesmond, NSW 2299

A timeline of how this property has performed in the market
Last Sold
$460,000
27 Sep 2024
  • 27 Sep 2024
    Sold for $460,000
  • 18 Sep 2024
    Listed for Sale SOLD $460,000
  • 29 Jun 2010
    Sold for $325,000

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About Jesmond 2299

The size of Jesmond is approximately 1.2 square kilometres. It has 10 parks covering nearly 17.4% of total area. The population of Jesmond in 2011 was 2,607 people. By 2016 the population was 3,055 showing a population growth of 17.2% in the area during that time. The predominant age group in Jesmond is 20-29 years. Households in Jesmond are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Jesmond work in a professional occupation. In 2011, 34.5% of the homes in Jesmond were owner-occupied compared with 29.9% in 2016.

Jesmond has 1,576 properties. Over the last 5 years, Houses in Jesmond have seen a 64.27% increase in median value, while Units have seen a 41.66% increase. As at 28 February 2025:

  • The median value for Houses in Jesmond is $745,248 while the median value for Units is $488,617.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 8 properties listed for sale, and 7 properties listed for rent in Jesmond on OnTheHouse. According to CoreLogic's data, 61 properties were sold in the past 12 months in Jesmond.

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